An investor is thinking about buying some shares of Data Systems, Inc., at $75 a share. She
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An investor is thinking about buying some shares of Data Systems, Inc., at $75 a share. She expects the price of the stock to rise to $115 a share over the next 3 years. During that time, she also expects to receive annual dividends of $4 per share. Given that the investor’s expectations hold up, what rate of return can the investor expect to earn on this investment?
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Approximate yield 4 115 7...View the full answer
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Related Book For 
Personal Financial Planning
ISBN: 9780357438480
15th Edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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